Red Arts Capital, an investment firm specializing in supply chain-related and logistics businesses, has acquired Forestwood Farm, a family-owned produce distributor based in Birmingham, Alabama.
With the acquisition, Red Arts continues to expand its produce distribution footprint in the Southeastern U.S. and represents the firm’s second investment in the sector within the market.
“This investment allows us to continue serving our customers with care, consistency, and pride, while gaining the resources to strengthen our operations and expand our reach,” said Randy Scott, president of Forestwood Farm.
“Red Arts understands what makes family businesses like ours special. Their support will help ensure that Forestwood continues to grow for the next generation.”
Forestwood joins Freshway Foods, a fresh-cut processor based in Sidney, Ohio, in Red Arts’ produce processing and logistics portfolio. Together, Forestwood and Freshway build a complementary platform that broadens Red Arts’ geographic reach and enhances its ability to serve a diverse customer base across the fresh food supply chain.
Forestwood’s story began in 1970, when Everett Scott Sr. and his wife Hazel started selling eggs out of their home. Over the decades, the company has grown into one of the largest produce distributors in Alabama, serving restaurants, schools and military facilities across the Southeastern United States.
Today, Forestwood operates out of three locations in Birmingham and Huntsville, Alabama, and Jackson, Tennessee, under the leadership of second-generation owners Randy Scott and Everett Scott Jr., who will continue to serve the company in a senior advisory capacity.
“The Forestwood team has built a remarkable business grounded in service, reliability and community,” said Nick Antoine, co-CEO and managing partner at Red Arts Capital.
“Their strong market position and values-driven leadership align perfectly with our investment approach. We’re excited to bring them into the Red Arts family as we accelerate our growth across the region.”
G2 Capital Advisors served as the exclusive buy-side advisor to Red Arts on the transaction.